The demand within the global market for shelf-life extension ingredients has been rising on account of advancements in the food and beverages industry. Increasing the shelf life of food products makes them more sellable, thus, enhancing the growth prospects of the food manufacturers. Furthermore, the past decade has witnessed stellar growth in the domain of food packaging. Henceforth, ingredients used for increasing the shelf life of products have become immensely popular across the food industry. There is a high possibility of new artificial products being developed for the betterment of the food industry. Shelf-life extension ingredients are expected to become a part and parcel of the global food packaging industry in the years to come.
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Food Safety Measures
Food inspection authorities such as the FDA have been making constant efforts to ensure food safety. This factor has played a pivotal role in the growth of the global market for shelf-life extension ingredients in recent times. Furthermore, the need to prevent mushrooming of microorganisms in food products has also brought shelf-life extension ingredients to the fore of attention. Furthermore, shelf-life extension ingredients have also found way into residential kitchens over the past decades. Therefore, it is safe to assert that the global shelf-life extension ingredients market would expand at a stellar rate in the years to come.
Asia Pacific Market Accumulated Voluminous Revenues
The food packaging industry in India and China has been growing at a robust rate. The need to transport packaged food across long distances in these countries has created demand for better packaging. This has in turn propelled demand within the market for shelf-life extension ingredients in Asia Pacific.
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